U.S. Congress - S.2964 OPEC Accountability Act
S.2964 - OPEC Accountability Act
A bill to require the United States Trade Representative to pursue a complaint of anticompetitive practices against certain oil exporting countries. view all titles (2)
All Bill Titles
- Official: A bill to require the United States Trade Representative to pursue a complaint of anticompetitive practices against certain oil exporting countries. as introduced.
- Short: OPEC Accountability Act as introduced.
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Official Summary
5/1/2008--Introduced.OPEC Accountability Act - Requires the President to initiate consultations with Indonesia, Kuwait, Nigeria, Qatar, the United Arab Emirates, Venezuela, Ecuador, and Saudi Arabia to seek their elimination of any action that: (1) limits the production or distribution ofOfficial Summary
5/1/2008--Introduced.OPEC Accountability Act - Requires the President to initiate consultations with Indonesia, Kuwait, Nigeria, Qatar, the United Arab Emirates, Venezuela, Ecuador, and Saudi Arabia to seek their elimination of any action that:
(1) limits the production or distribution of oil, natural gas, or any other petroleum product;
(2) sets or maintains the price of any such product; or
(3) otherwise is an action in restraint of trade with respect to such products when such action constitutes an act, policy, or practice that is unjustifiable and burdens and restricts U.S. commerce. Requires the U.S. Trade Representative to:
(1) initiate World Trade Organization (WTO) dispute proceedings if the consultation is not successful with respect to any such country; and
(2) take appropriate action regarding the country under U.S. trade remedy laws.
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Recent Blog Coverage
WashingtonWatch.com - S. 2976, The OPEC Accountability Act
The OPEC Accountability Act (S. 2964). See Bills on the Same Subject: Africa (Sub-Saharan), Business, Cartels, Dispute settlement, East Asia, Ecuador, Energy, Energy prices, Energy supplies, Export controls, Foreign policy, Free trade, ...
Senator Lautenberg Introduces Bill To Take Action Against OPEC ...
The bill, the OPEC Accountability Act of 2008 (S. 2964), is co-sponsored by Sens. Carl Levin (D-MI), Byron Dorgan (D-ND), Bob Casey (D-PA) and Bernie Sanders (I-VT). It is based on similar legislation Sen. Lautenberg first introduced in ...
OPEC WTO Legislation Introduced
The bill, the OPEC Accountability Act of 2008 (S. 2964), is co-sponsored by Sens. Carl Levin (D-MI), Byron Dorgan (D-ND), Bob Casey (D-PA) and Bernie Sanders (I-VT). It is based on similar legislation Sen. Lautenberg first introduced in ...
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